Sign Up to Our Newsletter

Sing up to our newsletter and get exclusive deals you wont find any- where else straight to your inbox!

At the crucial moment, Russia is willing to rent millions of hectares of Far East farmland to help China grow soybeans?

At the crucial moment, Russia is willing to rent millions of hectares of Far East farmland to help China grow soybeans?

Russia's Far East attracts investment and supports the investment manager of the Export Department: preliminary estimates that Chinese companies will lease half of the land, Russian companies will lease 25%, and the remaining 25% will be leased by Korean and Japanese companies.

Russia’s Ties News Network reported on the 21st that Russia’s Far East region’s investment and support for export agency investment manager Valery Dubrovsky recently said that Russia plans to provide investors with millions of hectares of agricultural land in the Far East. Chinese companies will be very interested. It is estimated that Chinese companies will lease half of the land, Russian companies will lease 25%, and the remaining 25% will be leased by Korean and Japanese companies.

According to the report, the leased land is most suitable for growing soybeans, wheat and potatoes. Dubrovsky pointed out that the local government hopes to jointly develop agriculture with foreign capital and is willing to provide Chinese investors with vast land for agricultural projects. The Far East is rich in land resources. There are about 8 million hectares of agricultural land here. Currently, the developed land only accounts for 2/3 of the total area.

Russia's ridus news network said on the 21st that in the context of the Sino-US trade war, China has increased tariffs on US soybeans, so it needs land to produce itself. The director of the Russian Land Market Research Institute, Rerico, said that Chinese farmers have actively leased farmland in Russia. The best land in Russia has been used by local farmers, and the newly provided land may be located in remote or non-production areas.

At the crucial moment, Russia is willing to rent millions of hectares of Far East farmland to help China grow soybeans?

Related Articles

On October 10th, the overseas network just passed the New Year. The Yellow Vest demonstrations were returning in many places in France. The violent clashes between demonstrators and the police continued to be staged. The yellow vest movement that took place in November 2018 swept through France...More About Article

Saying goodbye to the turbulent 2018, looking forward to the New Year, we are full of confidence in the future of China and the world . At the same time, the world is in the midst of a great change in a hundred years. Great development, major changes, and major adjustments are the...More About Article

The US court has evidence that US President Trump former campaign manager Mana Ford passes Russia? According to a report by the US Washington Post on the 8th, a court document revealed on the same day showed that Mana Ford disclosed the poll data of the 2016 US presidential ...More About Article

At the New Years press conference on January 10, Wen Zai said that the Korean economy faces structural problems, and the economic cooperation between the DPRK and the ROK will provide tremendous impetus....More About Article

A horrible and cheap drug is sweeping across Australia. This new drug is called Monkey Dust. Its sultry is that the sluts feel that they are omnipotent hulks, making people Unbelievable death. According to the Daily Mail, this new type of drug has sneaked into various music festivals, nightclubs...More About Article